Coca-Cola's Costa Coffee to Cut up to 1,650 Jobs In UK Store Streamlining
03 Septiembre 2020 - 7:22AM
Noticias Dow Jones
By Ian Walker
Costa Coffee said Thursday that it will lay off up to 1,650
employees as it streamlines its U.K. store structure in the wake of
the coronavirus pandemic.
The Coca-Cola Co.-owned brand --which has over 2,700 coffee
shops in the U.K. and Ireland-- warned that there's still "high
levels of uncertainty" as to when trade will recover to
pre-coronavirus levels.
Costa said that it reviewed a number of options before making
the decision to cut these jobs.
The company currently employs 16,000 people in its wholly-owned
U.K. stores and a further 10,500 across 1,100 franchise stores.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
September 03, 2020 08:07 ET (12:07 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Coca Cola (NYSE:KO)
Gráfica de Acción Histórica
De Sep 2024 a Oct 2024
Coca Cola (NYSE:KO)
Gráfica de Acción Histórica
De Oct 2023 a Oct 2024
